Grayscale establishes an AI cryptocurrency sector, TAO, NEAR, RENDER selected
Grayscale announced the creation of a new "AI cryptocurrency sector", which is their sixth niche area. Tokens like TAO, NEAR, and RENDER, which were previously categorized under other categories, are now included in the AI sector.
This new sector includes a total of 20 tokens, with a total market capitalization of approximately 20 billion US dollars, accounting for less than 1% of the entire cryptocurrency market, making it currently the smallest sector.
Grayscale stated that this indicates AI cryptocurrency is still in its early stages, but it also means there is a lot of potential for future growth.
"AI + cryptocurrency" is increasingly attracting capital attention, and Grayscale's move can be seen as a boost for the AI track.
